More US airlines announce job cuts
Three more US airlines have announced massive job cuts following last week’s attacks on the World Trade Centre in New York and the Pentagon in Washington.
US Airways Group plans to lay off 11,000 workers, American Trans Air is to let go 1,500 staff and America West Holdings is planning 2,000 redundancies.
These latest job cuts came after Continental Airlines announced plans to shed 12,000 jobs and British-based Virgin Atlantic said it will lay off 1,200 employees.
Since Tuesday’s attacks, the airline industry has lost $1bn due to weak demand from nervous travellers, a costly two-day shutdown of US airspace and an increase in security-related expenses.
